ITAC Brief - IFRS and Spreadsheets: A High-Risk Combination

Spreadsheets in the IFRS conversion process are highly likely to be in-scope for external auditors. Given the significant risks in using spreadsheets to convert to IFRS, careful planning is required to minimize the exposure to these risks. This paper gives examples of the risks and provides suggestions for their mitigation.

Read the full white paper

Spreadsheets and Solvency II: Financial Services Authority [UK Regulator]

Solvency II will demand a thorough review of data management within the European insurance industry. One of the major issues is the use of spreadsheets as data manipulation vehicles between non-integrated systems. This presentation looks in detail at some of these activities that will need to be understood and controlled.

View the presentation

Microsoft Sponsored Study on the Control of Spreadsheets in Capital Markets

Top analyst research confirms ClusterSeven as market leader, based on 65 responses from a broad range of capital markets organizations.

Read the full white paper

Protiviti Spreadsheet Risk Management FAQs

Spreadsheets are everywhere. They enable us to quickly and flexibly perform analysis that otherwise would be difficult or time-consuming. As a result, we tend to place undue trust in the integrity of the analysis spreadsheets make. This White Paper will provide the reader with guidance, based on years of experience, on managing spreadsheet risk.

Read the full white paper

A Regulator's View on Spreadsheet Usage and Control

This presentation explores the uses and abuses of spreadsheets within the financial services community. It summarizes the controls that the FSA [UK Financial Services Regulator] expects to see in well governed institutions.

View the presentation

Deloitte: Spreadsheet Management: Not What You Figured

Implementation of SMS [spreadsheet management systems] can be a critical process in risk management controls for compliance and security.

Read the full white paper

Bloor: Spreadsheet Management Maturity Model

Enterprise spreadsheet management is not about collecting more and more data about spreadsheets but about implementing better business processes. In other words: seeking out real business benefits beyond the simple management and control of the spreadsheet environment

Click here to read the full article; free registration required

Bloor: Spreadsheet Governance, Risk and Compliance - A Market Update

One major energy company comments that an attempt to base a decision on a written proposal process was "a complete waste of time". The recommendation is to talk to the vendors. Get your hands on technology and test it on your spreadsheets in your processes.

Click here to read the full article; free registration required

PwC: The Use of Spreadsheets: Considerations for Section 404 of the Sarbanes Oxley Act

One of the earliest papers on spreadsheet control. While technology has moved on a long way since this paper was written, it is still a common starting point for spreadsheet control under a wide variety of regulations.

Read the full white paper